North East Texas Workforce Development Board Inc
Texarkana, Texas
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
How This Organization Compares
Compared to 4 peers in Employment with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $18,418,071↑3% | $18,197,680↑1% | $3,454,710↑78% | |
| 2022 | $17,950,786↑16% | $17,952,854↑17% | $1,940,967↑54% | — |
| 2021 | $15,473,387↑2% | $15,294,071 | $1,257,688↓23% | — |
| 2020 | $15,227,934↑6% | $15,245,352↑7% | $1,634,579↑51% | — |
| 2019 | $14,327,749↑28% | $14,309,603↑28% | $1,081,779↑27% | — |
| 2018 | $11,193,496↓10% | $11,149,927↓10% | $853,757↓16% | — |
| 2017 | $12,395,523↑6% | $12,340,999↑6% | $1,019,006↓6% | — |
| 2016 | $11,639,632↑9% | $11,642,664↑9% | $1,079,637↑36% | — |
| 2015 | $10,682,816↑9% | $10,677,174↑8% | $795,552↑22% | — |
| 2014 | $9,840,898↓3% | $9,842,090↓3% | $649,466↓17% | — |
| 2013 | $10,155,127↓3% | $10,163,156↓4% | $779,559↓8% | — |
| 2012 | $10,512,777↓12% | $10,546,013↓12% | $842,926↑17% | — |
| 2011 | $11,935,644 | $12,003,309 | $718,611 | — |
Frequently Asked Questions
What does North East Texas Workforce Development Board Inc do?▼
North East Texas Workforce Development Board Inc is a employment nonprofit organization based in Texas. It is classified under NTEE code J202 and is registered as a 501(c) tax-exempt organization with the IRS.
Is North East Texas Workforce Development Board Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, North East Texas Workforce Development Board Inc has a score of 53/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does North East Texas Workforce Development Board Inc generate?▼
North East Texas Workforce Development Board Inc reports $19.6M in annual revenue and holds $3.6M in total assets, based on IRS filings.
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